3 Tech Stocks For Growth Investors To Buy Now

By their very nature, growth investors are primarily focused on finding companies whose earnings and revenue are expected grow at a rate that outpaces the market. This investment strategy comes with its fair share of risks, but it also brings the exciting possibility of outsized returns—an end goal that every investor desires.

Over the past several years, Wall Street’s most exciting growth stocks have emerged from the technology sector. From industry innovators like Amazon (AMZN - Free Report) and Netflix (NFLX - Free Report) to exciting foreign stocks such as Alibaba (BABA  - Free Report), tech-focused growth investors have been rewarded with massive profits recently.

Strong earnings and impressive sales imply that the technology sector’s hot streak could continue throughout 2018—despite recent market-wide volatility. That means that growth investors searching for the next great market-beating stock might want to keep their focus on tech companies.

Luckily, we can pair the proven Zacks Rank with our innovative Style Scores system, which includes a “Growth” category, to find strong growth tech stocks. Investors should note that our Growth category values earnings and sales growth, as well as improvements to a company’s financial statements—including strong cash flows and great return on equity.

With all of this said, check out these three tech stocks for growth investors to consider now:

1. DXC Technology Company (DXC - Free Report)

DXC Technology is a leading end-to-end IT services and solutions company. It services include analytics, applications, business processes, cloud computing, consulting, enterprise and cloud applications, security, and more.

DXC immediately sticks out because of its strong estimate revision activity. Within the past 90 days, the Zacks Consensus Estimate for its full-year earnings per share has gained 34 cents. DXC is now expected to see its full-year earnings growth hit 153.6% this year and 15.0% next year. This positive revision activity has earned the stock a Zacks Rank #2 (Buy), and impressive growth estimates help pad its “A” grade for Growth.

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